Boral announces senior executive appointments in AU, North America

Boral has reported a net profit after tax before amortisation and significant items of $224 million for the half year ended 31 December 2018, which is six per cent lower than the first half last year.Boral has revealed changes to its senior executive team, including a new President & CEO of Boral Australia, effective 1 March 2019.

Joe Goss, currently Chief Executive Boral Australia, will move into a senior advisory role, reporting to Boral CEO & Managing Director Mike Kane.

Wayne Manners, currently Executive General Manager, Western Australia, Building Products & Major Projects, will become President & CEO Boral Australia.

Boral Executive General Manager Cement Ross Harper will become Group President Operations and will be responsible for Boral Australia and Boral North America as well as Group HS&E.

Mr. Harper will be working closely with Mr. Manners and David Mariner (President & CEO Boral North America) in this new role.

Ros Ng, currently Chief Financial Officer (CFO) and Chair of USG Boral, will have an expanded role as Group President Ventures and CFO, which includes Group Strategy and M&A and broader responsibility for USG Boral and Meridian Brick joint ventures.

In addition to these key changes, Greg Price, currently Executive General Manager, New South Wales, for Boral Australia, will take on an expanded role including responsibility for Boral’s Project Management Office, which manages major projects.

According to Boral, the moves aim to broaden leadership roles and responsibilities within the company as it looks to the future.

Commenting on Mr. Goss’ transition to a senior advisory role, Mr. Kane thanked him for his commitment and leadership of Boral Australia over the past six years.

“Under Joe’s leadership, the division has delivered strong financial and safety improvements and has seen a strengthened organisational culture including a clear commitment to safety, customers and continuous improvement,” he said.

Mr. Kane said the executive changes recognise the skills, capabilities and track record of key executives to deliver value to the Boral business and its shareholders.

“This is an important evolution in our successful senior executive development program, which has been in place for several years. It is about ensuring Boral is well positioned around executive capability today and in the future, and that we are prepared for an orderly succession of the CEO role in the coming years.”

The Boral Board said it expects that Mr. Kane will continue in the role as Boral’s CEO & Managing Director for another two to three years.

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